分析：HYPE 创历史新高背后，ETF 并非主因，协议回购机制才是真正推手

链捕手05-24

ChainCatcher 消息，据 Forbes 报道，Hyperliquid 原生代币 HYPE 触及逾 62 美元的历史高位。市场普遍将此归因于首批美国现货 ETF 上市带来的机构资金流入，但分析指出，真正驱动价格的是协议内置的持续回购机制。

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